Initial strengthening of the Rupee
against the Dollar has decreased today therefore MCX Gold have been
decline. Commodity global market is now very sluggish business.
MCX gold is trading at Rs 59 530 and
flat. While silver rose 0.2% to around Rs 51 300 is reached. MCX
crude oil is trading at Rs 5115 with 0.5% higher.
All Metals except aluminum are well
advanced. Copper has risen around 0.6% higher at Rs 410.5. Nickel
0.5% and lead - zinc gained 0.6%.
MCX Tips – Nickel and Crude Oil
Today
MCX Nickel April futures Sell - 883,
stoploss - 890 and Target - 860
MCX Crude oil April futures Sell -
5100, stoploss - 5120 and target - 5050
